Skip to main content

About your Search

20130124
20130201
STATION
FBC 19
CNBC 14
KRON (MyNetworkTV) 5
CNN 4
CNNW 4
KQED (PBS) 4
KTVU (FOX) 3
WUSA (CBS) 3
KQEH (PBS) 2
KRCB (PBS) 2
WETA 2
WHUT (Howard University Television) 2
WRC (NBC) 2
CSPAN2 1
( more )
LANGUAGE
English 92
Search Results 0 to 49 of about 92 (some duplicates have been removed)
. and there is money moving away from high tax states and moving to lower or no tax states. and travis wrote the book "how money walks", a pleasure to be here. stuart: we've got the fancy technology and the number one state where money is walking away. the number one state. right here in new york, we've seen a loss the last 15 years internal revenue service and u.s. census bureau combined. 58 billion out of the state. stuart: there's new york and 58 billion out. >> going to the other places. stuart: is california second? >> that's right you've got nearly 32 billion dollars migrated out. adjusted growth income out of california to the other states. stuart: hold on, talking adjusted gross income. california 31 billion dollars worth of income, that means middle class, wealthier people, they're the ones who moved out taking that money with them. income out. >> that's right, we're looking at 1040 tax returns, taxpayer mobility and not just talking professional golfers or presidents of state. we're talking about working families and all sizes of businesses and going all over the country. stuart: is there
's taxes. with taxes spiking the rich are fleeing for the borders. how much can the state take from the wealthy before there is nothing left? today's "money" power panel weighs in. >> didn't think new york apartments could get any smaller? oh how wrong you are. micro apartment are coming to the big apple. could the miniature spaces bring big profits to the developers and will they spread to more cities? one of the architects is here with the details. even when they say it's not, it's always about money. melissa: first let's look at the day's market headlines and today's market moment. the beat goes on for the bulls. strong earnings from the likes of ibm, and google helped give a boost to stocks. the dow and s&p 500 hit fresh five-year highs. the blue-chips rose 66 points. apple earnings are sliding after-hours. the company reported fiscal first-quarter earnings just a short time ago, beat expectations on the bottom line. came in a bit light on revenues. mcdonald's shares climbed. it beat expectations on the top and bottom line in the fourth quarter. also reported a solid rebound in
the bush tax cuts? >> yes. >> a lot of people railed against bush and also against obamacare that is how they got the majority in the 2010 election. >> it's the economy. liz: david and gains. david: cheryl casone, good to have you here. thank you so much. melissa: i am melissa francis and here's what is "money" tonight. it could be the next california. how close is the breaking point and can the taxman save it? the power panel breaks it down. plus, he's in what is going on in salt lake city lately? a group of doctors declared a health emergency warning premature birth and miscarriag miscarriages. the group's leader joins us with the diagnosis. and unusual hand drawn top nba recruits three high-stakes poker tournament. not sure they make great executives. the man behind the plan joins us exclusively to lay out his cards. even when they say this not, it is all about money. so tonight we start with a huge hit to illinois, the critic has been knocked down from an aide to an a- from credit rating agency. now tied with illinois the lowest rating in the country. is our country going down the dr
. the consumer is in a worse spot primarily because of tax hikes. supply side economics, right. so apple is a consumer company for the most part and i think that any consumer company will struggle. >> that's an important point. let's follow that point. is part of this apple drop weakness in consumer spending or expected weakness, or is it, in fact, the competition from samsung and the fact that the company is not executing. in other words is it a company story, an economics story, what is it? >> there's a lot of company specific stuff going on just comparables this quarter versus a year ago. that's part of it. it's a maturing company to a degree. it's going through its growth phase. now getting into the phase which hopefully will last a long time you focus on return on invested capital. that could be fine. the market has to adjust to that perception. i think the consumer point is a good one. is the consumer going retrench with higher taxes and we see the jobless claims out the last few weeks -- >> coming down. >> they are looking great. >> is it seasonal or real. we won't know that for a
talked at the tax store. i did your taxes. i thought you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores combined. on our newly expanded advanced digital network, a connection you can count on. at&t u-verse high speed internet offers more speed options, reliability and wi-fi hotspots than ever. go to our website below to get u-verse high speed internet for just $14.95 a month for 12 months with a one-year price guarantee. it's all the speed you need all at a great price. our newly expanded advanced digital network gives you more of what you enjoy online. and with at&t, our wireless gateway turns your home into a private wi-fi hotspot that connects your wi-fi devices and can even save on your smart phone data usage at home. go to our website below to get at&t u-verse high speed internet for just $14.95 a month for 12 months with a one-year price guarantee. that include
, requiring congress to not spend more than it makes, than it takes in in taxes. if you call taxation making money, but it can't spend more than it takes in. any traction on that? >> yeah. this is an idea, an old idea, whose time has timely come, and, you know, as polls show about 75% of all americans support this idea, most of the state legislatures operate the same way, and we need to do this because we need permanent structural spending reform so that we don't find ourselves back in the same position every six to 18 months in raising the debt limit. >> limit spending to 18% of the gross national product, 18%. right now, it's a rate of 23%. we're looking at some of the other things that you would do. you want a historical average of total federal receipts so congress is only run a deficit, increase taxes, or increase debt if agreed upon by a two-thirds vote. i like how it sounds, but it doesn't sound like you can get other politicians to agree to it? >> rome was not build in a day. it's in the a sell yet, but we have support in the senate for the idea of a balanced budget amendment. the la
is in this a lexus, the rich moving from high tax states to lower tax states like texas, arizona, tennessee, florida. joining us is ed butowksi, welcome back to the program. you are going to tell me about your clients, no names. clients of yours on the move, calif. out, some place else. you have got a gentleman moving from orange county to where? >> right into dallas. his number one reason was carries no reason to pay, the ceo of public companies that i'm done, moved to dallas, got an apartment and got much smaller but paying nothing in income-tax is because in the state of texas is a big zero. stuart: he has saved an enormous amount of money. >> a very wealthy man and really symbolic of what is happening throughout california. not just the rich. you hear people saying get me out, another client in san diego, not an extraordinarily wealthy person but has done well, retiring, said i am done, and move to idaho. stuart: anybody else in california moving? >> another thing. i manage professional athletes. when they negotiate their contracts one thing becomes of is they will go to california is taxes. how
. >> we know that a strong middle class means more growth overall. i agree about the payroll tax cut and i wish that had not gone away. i do not think that was a good moment for us to go away. i'm on board with that. but i have to tell you that i don't want to lay blame here, but i'm going to. that is all because of congressional republicans. they did not want to see that. [talking over each other] [talking over each other] charles: hold on, hold on. one at a time. is it possible to raise taxes and grow the economy simultaneously? >> absolutely. i don't think that's the best model, i think the economy can grow in spite of that. >> you have art he said that we need to put the taxes on the back burner? >> absolutely. the one we will finish this later. we will have you guys back agai. david: friday numbers will be critical. melissa francis is next. melissa: i'm melissa francis and here's what's "money" tonight. what did boeing's management know and when did they know it? a new report says boeing was aware of the dreamliner's battery problems all along. so why wasn't anything done? we have a t
market is looking at, is the government is so much in gridlock. look, the democrats hated bush tax cuts and they made them permanent and they continued the biggest stimulus program in the history of mankind, 40 cents of every day dollar we don't have. the stock market looks at that, look, free government money everywhere, low taxes, let's party and that's what the market's doing. there's no one in charge in washington d.c. absolutely no one. >> brenda: and wall street likes that. >> yes. >> brenda: caroline, you want to weigh in here? >> well, absolutely. toby, i don't know what u.s. you're living in because we're in economic calamity. we don't have much of a middle class so we have a very long recession, we're not getting out of it it because of the lack of aggregate demand and flexibility in our market system because we have such a bifurcation of rich and poor. and what we have is a david versus goliath. >> hang on professor, i'm looking at the worst calamity here. >> are we not in a calamity? >> no. >> brenda: should unemployment go up, do you think, because the labor relations board
. >>> japan's ruling coalition parties have been talking about tax as the basis for the new budget. they have agreed to introduce a new tax break for supporting the poor when the consumption tax doubles in 2015. the agreement is part of a tax reform plan for fiscal 2013, which the liberal democratic party and the new kuomot approved on thursday. under the plan lower rates take effect in october 2015 when the consumption tax is set to double to 10%. the two parties have also decided on an income tax hike. under their plan people with annual incomes of more than $450,000 will get a tax rate of 45%. that's up from the current 40%. the new rate set to go into effect in january 2015. >>> all right. that's going to do it for biz tonight. i'm going to hand it back to gene. >>> ron, thank you for that. a japanese citizen considered missing after last week's hostage siege at a natural gas plant in algeria is now confirmed dead. this brings the number of japanese victims to ten. islamist militants attacked the desert facility and kidnapped hundreds of workers. chief cabinet secretary yoshihide suga jus
. when i came into office the governor and general assembly without my support passed a large income tax increase here in the january of twe ven. the sad thing we're now two years into the income tax increase and they raised money and not respond to the problem. i think this year, this spring session of the general assembly it will finally come home to reality. not only downgrades, moody's, fitch and standard have eight watches, warnings or downgrades since the income tax increase has gone into effect. what comes next the fiscal year fourth four, natural revenue growth from illinois coming from sales tax, gaming without tax increases is $600 million. but the reality of the amount of increased payments into the public pension systems is $945 million. i think they will have to deal with this $345 million spread. reality is --. melissa: dan, i applaud your optimism you think this will finally be the come to jesus moment where they realize there is huge problem but i don't know that is necessarily the case because we see california going down the same road. seems like politicians almost neve
.... i'm bob, we talked at the tax store. i did your taxes. i thought you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ..es and all other major tax stores combined. [ female announcer ] at yoplait, we want you to feel even better about your favorite flavors. so when you call, tweet, and post, we listen. that's why yoplait light and yoplait original are now made with no high fructose corn syrup. and why we use only natural colors and natural flavors in yoplait original. so, anything else we can do for you, let us know. but you'll keep it to yogurt, right? 'cause we shouldn't really help with your love life. yoplait. it is so good! if super bowl xlvii comes down to a david acres field goal, can he make it? can he have confidence in his kicker? he missed 14 of his past 48 attempts in the championship game. he hit the goalpost on a 38-yard try. he admits the struggles was a head scratcher. if you can't even understand it
. did raising taxes work for california? we know it didn't work for phil mickelson. >> we hope he doesn't move away because we need him in his state of the state speech, governor quotes genesis seven years of fat followed by seven years of lean. he says the fat is back. and up next, what he plans to do about it. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. tdd# 1-800-345-2550 when the spx crossed
a healthy state funded by 80%, but the plus side if they have an unlimited ability to raise taxes. it was really written in there. they can go ahead and tax away to solve the problem. has that worked for california? a limited ability to solve this pension problem. what do you think? >> in california we are very excited to not be the worst anymore. running around the state capital building we are 49. that is at least good news for us. raising taxes now that the marginal tax rate is topping up 13.3% for the richest californians there: accountants in droves finding ways to move their money and we are looking at unfunded pension liability maybe not as bad off, but $181 billion? melissa: i love you, jonathan, but he was so entertaining. going on to say they believe legislative consensus will be difficult to achieve given the poor track record of the past two years. in other words, may have the ability to tax until kingdom come but i don't think they will reform the pension, which they raised taxes in the past and they didn't spend the money to fix the problem. they just spend it. jona
to work legislation and low taxes have built taxes into a juggernaut. when governor rick perry was running for president he could claim, rightly, that his they created more than one-third of all of the jobs created in the entire country since the recovery began in 2009. amazing. not new york. not connecticut. texas. the lone star state unemployment rate of 6% handily beats up the nation. then there is louisiana, virginia. five and a half percent. oklahoma, five. new yorkers, pardon me, over 8%. the jersey, nine and a half percent. these metrics matter. the south is ticking new york's but the reid is a culture difference? hello, yes. thank goodness. i thought that is what liberals celebrated, diversity. i guess i probably shouldn't get so upset. after all, he has had this problem. the 40 year-old congressman was censured by the house two years ago after facing charges of 17 years of unpaid taxes on property in the dominican republic and more than 500,000 in undisclosed public assets. crazy. he also was investigated for raising millions from companies with business before the committee each
beverages. liz: boy, we have a president who was reelected, we've got all kinds of tax changes, the payroll tax cut has been eliminated. we got through one part of the fiscal cliff, now we're looking at the debt ceiling. which one of those, to you as a business leader, matters the most, affects business the most? >> i think, um, what matters the most is providing clarity. clarity to business, clarity to the country at large. and that's what people want. every time there's a survey, you see that they want clarity. and that's why i think it is so important to have a solution. liz: well, now you know you have clarity on the fact that people have the payroll tax back into their paychecks. >> sure. liz: are you seeing any effect on that where people have less money in their pockets, and maybe they're not buying coca-cola as much? >> well, i think generally speaking we still see great opportunities in the united states for our business in the coming decade and continuing on from there. we haven't seen an impact yet. it's too early to tell. liz: okay. >> but i would say this, um, i would say if we
's new push for a video subscription service. lori: whether we like it or not, tax season news kicking off today, two weeks later than normal. when you need to file and can expect that refund. ♪ . >> i'm adam shapiro with your fox business brief. stocks are holding near five-year highs after a report showing the economy contracted in the final quarter of last year and better than expected news on private sector hiring in january. checking the dow industrials right now, we are down just one point. >>> shares of amazon are higher after the company's fourth quarter gross profit margin surprised wall street. they came in just over 24% compared with expectations of about 22%. after the bell the online retailer reported a profit of 21 cents a share, 7 cents shy of expectations. while revenue was up 22% over a year ago at $21.27 billion, it also fell short of the estimate of more than 22 billion. >>> toyota is recalling more than one million cars for faulty airbags and defective windshield wipers. most of the recall affects corolla models. that's the latest from the fox business network, gi
do we mean just raising taxes? isn't most of the austerity in europe raising taxes? >> no. >> not in greece? >> it would actually be starting to collect taxes. >> we raise taxes, which have to do with the middle class -- >> that's the austerity you're talking about, raising taxes? >> yes. >> and also the cutting of wages. we have a dramatic cut in wages, not only in the public sector, but also in the private sector. because the economy, the basis itself on small and medium enterprises, which mainly produce for the domestic market, this has been a distraction. we have lost a lot of jobs, a lot of company, the private sector in a very bad state, in a country which was growing with a rate of more than 4%. but this double -- >> so much more than you were taking in at that point. there's a deficit that has to be paid off. and the measures you're talking about, technology and organizing the economy could take a long time to kick in. >> this is correct. but the main problem in greece was always state revenues. because they do not tax the rates. they allow tax evasion for the weal
tax illinois, he owes even more to the state. maybe he should do a mickelson and move. yes, the tax refugee story will not go away. news this morning, that france's richest man is leaving and taking his wealth with him. arno is doing a depardu. t the wall street journal calculates tiger woods saved 100 million dollars over the years he moved to no tax florida. back to that one-shot $75,000 winner he lives in illinois which has just been downgraded. even though the state income tax has gone through the roof and chicago is concerning lifting, shifting its retiree health costs on to you, the federal taxpayer. can you say obama bailout? yes, we can. "varney & company" is about to begin. houting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ >> we have for a long time on the program and now the all-time high for the dow is in sight. clear sight. the record is 14,163.
they must be coupled with tax increases. as yogi berra would say, deja all over again. first, it is time for the annual book of lists. "the washington busins journal's" run o out of the biggest, best, and fastest growing in the region. joining us is one of our favorites, jennifer nycz- conner "washingt business journal's" special secti producer and so much more. the book of lists tells you everything you want to know about washington business, from a whwho is in, who is out, what is up, what is downwn. one of the most intnteresting this is t fastest-growin -- i -- you will tells a little bit about why thehese tngs are on the list. we will start with dfs construction corp., a company thatat grew at an avere of 403.38% bebetween 2009 and 2011. they are based i arlington. number to grow an averag o of 24. they are baseded in viennnna. and numberr three for an avage of the -- 162% the grew an avererage of 1 162%. they and athe biggest cocompanies in the region, but they are seeing phenomenal growth at a time when the economy is limping along. >> the top 50 companies we rank every year, we
the county is expected to raise about $1.2 million from that tax. it based its projections on the d.c. system. and you have to remember it's not just grocery stores but all retailers are charging for a bag. >> i was at wheaton mall this weekend. my best friend's wife was buying clothes. the woman told her she had to pay for the bag, lost it. lives in laurel, didn't know. >> yep. >>> stay with us. "news4 today" continues at 5:00 a.m. >>> we're watching a strong line of storms move out of our region this hour. you could still feel their impact today. many low-lying areas like this one in fairfax county are under water at this hour. and that could cause problems with your morning commute. >>> power crews working hard to get lights on for thousands in the area. we found lines down on beech drive nor porter in the district. a tree brought those down. pepco has restored power to 4,000 residents in the past half-hour. just 1,500 in the dark. dominion dropping quickly, as well. down to less than 800. bge holding steady, 350 outages in anne arundel and prince george's county. high water also
the super bowl . >>> all right 6:24. a series of robberies. >>> and get ready to file on time the 2013 tax season >>> good morning, i'm mike haiduk,. >> a beautiful pick of the capital there. i'm jessica doyle in for andrea roane. we want to begin with weather delays. all federal employees asked to remain off the roads until 10:00 this morning. federal offices will not open until noon. >>> be sure to download the wusa 9 app for the ipad. >> on top you are going to see cancellations. when you see your school, you are going to click on the star. you are favoriting your school, so the next time the school was closed, it will pop upright away. that way you don't have to scroll through all the schools. >>> here's howard with your forecast. you can see him live streaming on this. >> reporter: good morning, checking out some of our patio furniture here on the weather. a glaze of ice, parts of it are cold enough to support that. north of town, we are just a little bit colder in spots, you have more of this even reports of a quarter inch of sleet. let's talk about our catastrophe we are starting ou
up a fight in the spring over taxes, spending and the deficit. >>> it appears california will finish the month with a bump in tax revenue. according to the legislative analyst's office, the state is expected to end january $4 billion ahead of projections. the state also set a record on january 16 when the franchise tax board received $2.2 billion in taxes. experts say the excess money may be the result of a combination of state and federal tax changes. >>> government figures released today indicate that union membership in the united states is at its lowest level since the 1930's. the bureau of labor statistics says union labor declined. it's a drop of about 400,000 workers. the losses were spread across both the government and private sectors. >>> a state appeals court has upheld the right of a san jose car dealer to share its tips with other employees. in a unanimous decision, judges from the sixth district court of appeals said they could find nothing in the law that made the practice illegal. it is common in the restaurant business for waiters and waitresses to have to share tips
.c. now has more than $1 billion saved in the bank. all thanks to a recent $400 million surplus. the tax payers shouldn't expect to see any of that money. mayor gray announced yesterday that all of the money will stay in the city savings account. the extra money was raised through the speed camera fines, corporate taxes and one very high estate tax. many disagree with the mayor's decision saying some of it should go towards helping lower city taxes and funding the district's social services. >> i'm sure the city needs some as well but the taxpayer need it back if they can get it to them. >> this past spring and summer, we had dozen of children sleeping on the streets because we don't have a right to shelter year round for families. >> the mayor later said he is not completely ruling out lower being taxes in the future but he did not specify just how much the district would have to have in the bank for that to happen. >>> president barack obama laying out his plans to fix the nation's immigration system in las vegas just a day after i agroup of eight republican and democratic senators off
finance minister started an initiative on this that this year g8 will look at tax evasion and tax fraud. i think it's enormously important issue, and i think the regulation on the shadow banking system, um, also needs to play a very important role for the russia meeting for the g20. we have quite a lot of regulation for our banks, basel iii comes to mind here. here, actually, we have to be vigilant that the lending capacity that is to boost, after all, economic growth doesn't get too contained, too limited, and i can only hope and join our partners in the united states to introdiscuss deuce this -- introduce this as well, otherwise a new imbalance here. through better regulation of banks, the capital that they need to the capital reserves that they need to have, we also see moral hazard in the sense that people increasingly seem to fly into the shadows of shadow banking. we were at one in saying when we agreed this at the g20 and the thought that every financial instrument, um, every financial be product, every financial market needs to be placed in regulation. we are very far from that. i
shape. >> taxes maybe. >> taxes are an issue, but. >> yesterday, i was told walmart are trying to deal with this now. people are coming in to try to buy things and people are getting pennies out of their pocket. >> walmart, they were able to see that people would be coming into the shore as their paychecks came in. they were coming in really late at night on a monday or whatever the cycle was. >> my brother is in food sales. he says at the end of the month, and you don't even have to go in and is visit some of the merchants. people don't have money and they're not really buying anything. there's a real cycle. >> did you hear it being used at the end of the month? i like that better than at the end of the day. >> that's underused. i hear people say at the end of the day. sometimes we ask them a question and they say it five times in the answer. every time they say it, they go, it was good that i saved it. at the end of the year, what will the toelgdz to 13 have been? >> i think around 2%. i don't think it's accelerating. i'm concerned about the impact of global growth, i'm concerned abo
the money that you need toward all of this. and i'd like to get your take on the tax structure that is most favorable to getting people to be as generous as they can. what could you tell our viewers in terms of what government policy may be able to do to actually encourage more giving and how it can hurt? >> well, the tax deductibility of charitable giving certainly has been a positive factor in why the u.s. is the most generous. people give about 2% of their incomes and that's true it's not disproportionately the richest. across the board americans are quite generous. the estate tax which lets your charitable giving not be taxed is clearly a very positive encouragement to look at giving. i'd say that even more than the taxes, though, the fact that there's more examples of people where -- so everyone is asking themselves, you know, could i be giving you something, the fact that they hear the impact is very strong, i think the kind of social movement is even more, but the tax structure helps. >> what continuing investment is needed at this point? in other words who are the biggest stakeholde
trying to realize wealth under different tax structure at the end of the last quarter. so maybe, i mean maybe this number could have been even worse? >> well, the income numbers, aren't part of gdp. that is the gross domestic income side. we're measure the production side. and i will agree with everything that steve just said, except i want to add in one thing. we had a major drought this year. in the last two quarters, farm inventories have plummeted because of the drought. we just didn't grow as much. and if you subtract both government spending and inventories, the private sector consumption, plus business investment, was actually up 3, almost 3 1/2% at an annual rate in the fourth quarter. so this is not at weak report. it is way stronger than the headline number suggests that it was. melissa: yeah. >> second point, to go to this, this end of the year income realization, we all remember the rose law firm and hillary clinton back in 1992. she took her bonuses early. our forecast is that we see personal income rise 3% at an, 3% alone. not even annualized just in the month of december.
. >> what do you make of the tax issue which is starting to hit -- this is one of becky's big issues. she's been writing about about this -- how many years? >> the tax issue? >> the tax issue. >> the tax issue -- >> the -- the sales -- online sales tax. >> california and texas were hit this quarter. it could have played a role and probably did because u.s. revenues were lighter than international. i think for the most part there's a tradeoff. i think as they don't have to worry about violating the statute which is the no presence. and when they go down the path of actually charging sales taxes, that does mean they can actually move closer to the consumers, build some of the fulfillment centers there and offer some of the amazon conveniences. >> and i think amazon is actually behind some sort of a compromise that would bring you revenue on a per state basis at least. >> right. it is going to affect the bottom line ultimately. >> it -- i think so. i think that there's a lot of areas in investment i think for amazon below the gross profit line. i think we focus a lot, investors focus a lot o
announced this month. the officials say another focus will be whether the consumption tax hike scheduled for april next year will spur last-minute purchases of homes. >>> officials from a japanese car industry organization expect domestic sales of new vehicles this year to be lower than 2012. the japan automobile manufacturers association has put its forecast for 2013 at 4.7 million units. that's down 11.7% or 630,000 units when compared with the year ago. the figure represents the first decline in two years. officials of the association say demand has slackened after government subsidies for buyers of eco-friendly vehicles expired last september. they also project last-minute buying is not likely ahead of a planned consumption tax hike in april next year. that's because of an expected reduction in the auto purchase tax. the association adds prospects are grim because the replacement cycle for cars is getting longer. >>> now let's check on the markets. european stocks are trading lower. investors are apparently taking profits as they remain cautious ahead of the key u.s. jobs data due ou
a property tax program for the city as early as the first half of this year. in hong kong, the hang seng lost .4%. the noble shares split 5.25% despite a record quarter in top and bottom line. that stock had gained 50% since last august to a multi year high. we are seeing some profit taking here. the kospi pulled back a modest 0.1% after gaining for two days. australia's asx 200 snapped a ten-day winning streak with miners losing. india's sensex now trading lower by 0.6%. back to you. >> sixuan, thanks for that. >>> now a couple of web stories popping online, the dow joins industrial average yesterday, just 46 points from topping that trading high. can it take out that 14,000 mark? find out what analysts have to say at cnbc.com. >>> after topping analyst estimates from the quarter, google is now priced at more than $750 a share. but if ths that stock going to from hot to too hot? find out on the website, as well. >>> despite the initial disappointment, some analysts are arguinging the release of the new blackberry will be positive. >>> still to come, the dreamliner, nippon airways has grounde
you have to say? stuart: we also agree on taxes. >> we should have a free enterprise, free market system. stuart: why are you such a supporter of the most leftist president in american history? >> it is not just a chief financial officer, it is a leader of our nation. he has no peers when it comes to any other candidate on the republican side or any other republican sitting in the senate. we are out of time. connell: good morning, everyone. i am connell mcshane. dagen: i am dagen mcdowell. things are looking up on the jobs front. connell: monica crowley. dagen: dreamliner, the troubles have not gone away for boeing. michael dell has ordered one of them. connell: then there is jamie dimon and john chambers. you will be hearing from both of them in this hour. liz claman at the world economic forum. cheryl: stocks now and every 15 minutes. apple. nicole: i will show you apple in a moment. the dow, the s&p are doing quite well. five-year highs. highs that we have not seen since 2007. the tech heavy nasdaq, apple weighing on the nasdaq. are we almost at 14,000? we cannot believe it. wh
year to try to convince voters to approve a tax hike to deal with california's bumming. well, he successfully succeeded in doing that. so now his clout couldn't be lier and today we expect him to outline his vision on other issues beyond what last year was which was all about taxes and that's going to include as you said education, a big one. he is going to reveal a plan we expect that will offer more money and resources to poorer schools or those student who are more in need than others and also to address public universities to try to compel them to cut costs to students as well as making courses more prevalent online. infrastructure is another big one as he is expected to push for high speed rail and to talk act water issues and trying to build two massive tunnels to move water from northern california to southern california. part of today's state of the state address will be very positive in tone. the governor expected to point out that california is leading the nation in job growth and that the state's credit rating has improved dramaticly over the past several years. last b
in the future. >> the u.s. has lost its triple aaa credit rating. spending cuts and tax rises in the coming weeks. analysts have said these discussions would have little impact on the economy. they were wrong. the pressure is on politicians to do a deal quickly. >> the granting of a boeing 787 in japan has cost it $1 billion. -- grounding of a boeing 787 has cost it $1 billion. doctors and ambulance staff say cutbacks have left to the health system missing supplies. protests have increased in recent weeks as an grows over the government's austerity plan. it is difficult to navigate and more daunting if you do not speak russian. we are talking about the moscow metro. there are up to 9 million passengers during peak hours. a major redesign aims to ease the crush. >> you could be forgiven for thinking parts of the moscow metro looks more like an art gallery that a busy underground rail network. it reflects the city's soviets passed and culture. tens of thousands of people work to bring the subway system to live. much of the labor is done in tough conditions by hand. the metro opened in 1935, 7
taxes that left americans with less take home pay. the conference board saying its reading dropped to 58.6 in january. that's down from 66.7 in december and the lowest level since november of 2011, ty. >> sue, fed policy numbers kick off a two-day meeting today to discuss the economy and, of course, interest rates. where does wall street see the u.s. economy going from where we are today and what are the biggesthrea to the recovery? steve liesman fresh here with the results of the exclusive cnbc survey. take it away. >> really interesting results, tyler. i was not expecting this. one of the most important questions we ask month to month, what is the probability of recession in the next 12 months. you can see on the fiscal cliff debate shot up to 36%, came down during the winter and shot back up as we went back into the fiscal cliff and debt ceiling debate. it's come down markedly, 20.4%. that's the low as long as we've been asking this question and one of the big edrops we've seen. it comes in the next line as growth forecasts are rising. this the tail of the tape of the gdp forecast of
calls balance and what the republicans call nonsense because it involves raising taxes. i think you have to do bovment i think you have to have more revenue and you have to cut back spending. >> susie: let's say congress doesn't do that. what happens next? explain to people what happens next. >> i think the real risk is that we come to a showdown in march when the current stopgap budget ends and we face the government shutdown. people will lose svices. pele wl lose jobs. and there will be a fiscal contraction, on top of the ones that we've already put in place. and that's not great for the economy, for sure. >> you know, and this whole conversation about a budget and the deficit and all of that. it's all about raising taxes and cutting spending. and there's no discuss about growth. and that is what americans really want. growth and jobs. what do we have to do to get growth? >> well, the badh6+suz there, susie s that while higher growth is by far the best remedy, it's very hard to put if into effect. in a sizableay. you need more investnt i human beings, that's education and so on. you ne
. the governor praised praised voters for approving temporary tax increases. a special session of the those issues that must be california is to get the act started by next january the mafigovernor jerry brown prd the law makers and for approving a temporary tax increase this also recognizes storing surplus. >> this means living within our means and not spending what we do not have it is cool to lead people all along with providing programs and only to cut them, cut them back it is not progress or progress if it is an illusion the stop and go will help no one. we are not going to go back there. >> the president affordable care act is also wanting to be started by next january. >> pam: we now know the name of the woman who was gunned down in her san jose home yesterday. this is video of the scene from our helicopter partnership with a-b-c-7 news. 43-year-old anna duong was found shot inside her home on ponselle court at about 1-30 in the afternoon. she died at a hospital about an hour later. duong was a mother of two young children. and was well-known for selling snacks and other small items
, claim the title. he needs to stay there seven years, pay the property taxes and hope the owner, bank of america in this case, forgets about the place. i'm no lawyer. that sounds a little sketchy. >>> we have pretty tough interviews on "starting point." nothing quite like this. a local reporter goes into an animal pen. see what happens. >> from the manatee county fair, linda carson, abc 7. would you not eat my pants? ahh! >> can we see that again about 100 times? >> not quite the same without the wonderful scream. >> she was at the manatee county fair reporting a story about kids who raise goats. she was completely fine. she was laughing, which is why we can show it again and again and again and again and again and rejoice in its overall awesomeness. >> i have to agree with will. the audio makes the story. >> and the smile on her face at the end. >>> learning more this morning about problems with boeing's batteries that the ntsb investigation is focused on. christine romans with a look on that. richard quest in davos to explain a little about that as well. christine, you start with me
of at tax in benghazi which four americans were murdered the president did an interview with steve kroft which he said, we don't know whether this was an act of terrorism or not. cbs sat on the sound bite, only news on the interview and did not release that to the public until way after it became a major issue in presidential they worked on behalf of the obama campaign. your question which is smart one, why are they doing this? i don't know. "60 minutes" is good show a lot of the time. martha: they will take heat for this for some time. >> he is like kryptonite for them. martha: "60 minutes" interview with the president, propaganda. >> melts with obama for some reason. >> also, martha, the other thing is probably the first half the interview is old news. we know how the secretary of state was chosen. we know about the back and forth. this already has been reported on. this is not new information like he was getting new insight how this came about and how they got over their relationship. it really was just a campaign endorsement. martha: yeah. huge questions about how good a secretary of
. earnings were down considerably from last year thanks to a tax settlement a year ago. but the results were well above wall street estimates, thanks to a double digit jump in revenues. driving that growth was an increase in deliveries of commercial planes. the 737 remains the driver, with 105 planes delivered. the 777 also helped, as did the 23 dreamliners handed to customers last quarter, but those planes can't fly right now. u.s. and japanese regulators have grounded the 787 due to concerns about its lithium batteries overheating and catching fire. today boeing management said it is making good progress in finding the cause. peter arment is the aerospace analyst at investment firm sterne agee. >> tom: boeing still plans to ramp up production of that dreamliner, triple the number it dlivers and takes payment f. how confident are you it can stick with that? >> we're very confident. i mean, yes, there is no question there is headline risk with the 787. i think that there is concerns about what the ultimate solution will be, or root cause. but everything we have seen, it is a battery defect.
Search Results 0 to 49 of about 92 (some duplicates have been removed)